The Baby Garments and Accessories Made of Cotton market in Denmark has shown varied growth patterns from 2012 to 2022. Values fluctuated, with initial setbacks in early years but showing signs of recovery from 2017 to 2019. The market value saw a dip in 2015, followed by moderate increments in subsequent years. Major growth was notable till 2018, peaking at $158.66 million. Recent years from 2019-2022 experienced minor declines, closing at $144.92 million. In 2023, it is steady at around the 2022 value. Year-on-year variations indicate volatility, while the most recent five-year CAGR suggests minor average declines yearly.
Future trends to watch for include the potential impacts of sustainability movements, shifts in consumer preferences towards organic materials, and industry innovations in baby garments. The focus should also be towards understanding economic impacts, birth rates, and disposable income fluctuations influencing market dynamics.
How does Denmark rank in Baby Garments and Accessories Made of Cotton Market Size Value?
| # | 32 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 11,025,000,000 | 2023 | +0.32% | +0.2% | View data |
| 2 | 2 China | 4,664,700,000 | 2023 | +1.32% | -0.15% | View data |
| 3 | 3 United Kingdom | 1,798,500,000 | 2023 | -1.14% | -0.92% | View data |
| 4 | 4 France | 1,728,300,000 | 2023 | -0.57% | -1.1% | View data |
| 5 | 5 India | 1,716,800,000 | 2023 | +8.84% | +6.61% | View data |
| 17 | 17 Switzerland | 152,640,000 | 2023 | +1.6% | +1.12% | View data |
| 18 | 18 Portugal | 144,820,000 | 2023 | -1.8% | -3.37% | View data |
| 19 | 19 Denmark | 137,990,000 | 2023 | -0.49% | -2.75% | |
| 20 | 20 Belgium | 133,910,000 | 2023 | -1.86% | -2.16% | View data |
| 21 | 21 Ireland | 98,053,000 | 2023 | +0.99% | -0.21% | View data |
